Liabilities are loan, trade payables, and provision for depreciation Steps:

• Identify liabilities: loan from XY Finance ($10,000), trade payables ($4,600), and provision for depreciation ($570) represent obligations.
• Exclude non-liabilities: rent prepaid ($240) is an asset.
• Sum the liability amounts: $10,000 +$4,600 + $570.
• Calculate total: $15,170.

Why C is correct:

• C equals the sum of all listed liability balances, as provisions for depreciation are classified as liabilities in the balance sheet under standard accounting principles.

Why the others are wrong:

• A: Subtracts provision and/or prepaid from liabilities.
• B: Includes prepaid rent (asset) in the liability total.
• D: Adds extra unlisted amounts or double-counts provision.

Final answer: C